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Number of Days Past Due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are n/30.
Number of Days Past Due Toot Auto Supply distributes new and used automobile parts to local dealers throughout the Midwest. Toot's credit terms are n/30. As of the end of business on October 31, the following accounts receivable were past due: Account Due Date Amount Avalanche Auto August 16 $12,000 Bales Auto October 3 2,400 June 27 September 9 Derby Auto Repair Lucky's Auto Repair Pit Stop Auto Reliable Auto Repair September 24 3,900 6,600 1,100 9,750 1,800 July 2 Trident Auto August 26 Valley Repair & Tow May 22 4,000 Determine the number of days each account is past due as of October 31. Account Due Date Number of Days Past Due Avalanche Auto August 16 Bales Auto October 3 Derby Auto Repair June 27 September 9 Lucky's Auto Repair Pit Stop Auto September 24 Reliable Auto Repair July 2 Trident Auto August 26 Valley Repair & Tow May 22
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